Just some interesting details related to the other ASX 200 inclusions and their trading experience today.
I decided to review following the initial announcement of their inclusion in the index. It seemed to have had a positive effect on all except BRN at that time.
Today the tide was in reverse.
I'm not saying there is anything to read into this
I just wanted a little balance as it irked me at the time.
Company added to ASX 200 | Volume compared to daily average of 5 prior trading days | Price spread and close |
BRN | 62.3 mil today 2.8 times daily average of last 5 days |
- Open$0.830
- High$0.905
- Low$0.815
- Previous Close$0.860
- Close $0.905 = 5.23% rise
|
CXO | 118.2 mil today 2.91 times daily average of last 5 days |
- Open$1.160
- High$1.190
- Low$1.140
- Previous Close$1.210
- Close $1.16 = 4.13% drop
|
LKE | 97.4 mil today 3.19 times daily average of last 5 days |
- Open$1.590
- High$1.630
- Low$1.530
- Previous Close$1.665
- Close $1.57 = 5.71% drop
|
NHC | 17.8 mil today 3.35 times daily average of last 5 days |
- Open$3.650
- High$3.770
- Low$3.620
- Previous Close$3.790
- Close $3.67 = 3.17% drop
|
FYIO this is commsec data only... Dont have access to Chi
Since owning a small part of this company I dont think a weekend has arrived that I hve not wished it away.
I must stop and smell the roses the jouirney is often as good as the destination besides I'm getting too old too fast.